LifeSaver Inc. produces antibiotics in two different factories. The unit production costs and monthly production capacity of the two factories are indicated in the following table. The antibiotics are sold from three stores. The shipping cost from each plant to each store front along with the monthly demand from each store are also indicated in the table. Unit Shipping Cost Store 1 Store 2 Store 3 Unit Prod. Costs Monthly prod. Cost Plant A 22 14 30 600 100 Plant B 16 20 24 625 120 Monthly Demand 80 60 70 •Use Excel to determine how many antibiotics should be produced in each plant, and how should they be distributed to each of the three stores so as to minimize the combined cost of production and shipping?
LifeSaver Inc. produces antibiotics in two different factories. The unit production costs and monthly production capacity of the two factories are indicated in the following table. The antibiotics are sold from three stores. The shipping cost from each plant to each store front along with the monthly demand from each store are also indicated in the table. Unit Shipping Cost Store 1 Store 2 Store 3 Unit Prod. Costs Monthly prod. Cost Plant A 22 14 30 600 100 Plant B 16 20 24 625 120 Monthly Demand 80 60 70 •Use Excel to determine how many antibiotics should be produced in each plant, and how should they be distributed to each of the three stores so as to minimize the combined cost of production and shipping?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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LifeSaver Inc. produces antibiotics in two different factories. The unit production costs and monthly production capacity of the two factories are indicated in the following table. The antibiotics are sold from three stores. The shipping cost from each plant to each store front along with the monthly demand from each store are also indicated in the table.
| Unit Shipping Cost | |||||
| Store 1 | Store 2 | Store 3 | Unit Prod. Costs | Monthly prod. Cost | |
| Plant A | 22 | 14 | 30 | 600 | 100 |
| Plant B | 16 | 20 | 24 | 625 | 120 |
| Monthly Demand | 80 | 60 | 70 |
•Use Excel to determine how many antibiotics should be produced in each plant, and how should they be distributed to each of the three stores so as to minimize the combined cost of production and shipping?
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